✉news BusinessMarkets first seen 17 h ago, last 9 min ago, peak #1
US stocks post worst day since July as inflation worsens
Original: US stocks drop to their worst day since July as inflation worsens
Wall Street fell to its worst single-day loss since July after fresh data showed inflation worsening, rattling investors who had hoped price pressures were cooling. The selloff weighed on major indexes across sectors, with traders reassessing expectations for interest rate policy. Analysts warned that persistent inflation could keep markets volatile in the weeks ahead.
Why now: Fresh inflation data triggered a sharp market selloff, hitting investors' portfolios and rate expectations.
US stock marketWall StreetFederal Reserve
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